Profit Peak

New feature unlocked! Identify your top, middle, low and dead movers in your inventory. This will ensure your store stays on top of what moves the needle the most, avoids overspending on less profitable inventory, helps you identify what's underperforming and the stock you should clear and avoid restocking. Our mission to help ecom businesses reach their peak continues - are you in?

She Loves Tech Oceania’s Winner is here and it’s Profit Peak Solutions Pty Ltd with its Co-founder & CEO Carla Penn-Kahn! Profit Peak’s powerful platform brings real-time optimisation to your business, helping you measure and maximize profitability through smarter digital ad management and customer data insights. Want to see how it works? Join their beta program for early access at www.profitpeak.io/. Her next stop? Global Finals in Singapore! Let’s wish her the best of luck. You may also connect with Carla on LinkedIn: https://lnkd.in/gFJ8uye2 #SheLovesTechat10 #SLT2024 #SLTGlobalCompetition2024 #womenintech #femalefounder #womenempowerment #startup #technology #innovation

Brands can scale for profitability if they have a laser focus on: 1. Product level unit economics Hint: gross margin is not an understanding of unit economics 2. Contribution profit dollars banked daily Hint: once this covers your monthly fixed expenses you have broken even 3. What it costs to acquire new and retain customers Hint: it costs more than you think On the Mi3Australia podcast with Paul McIntyre I share the in's and out's of this and what I really think of Australia's publicy traded online businesses. Link in the comments to keep the algo happy. Let me know if you agree or disagree that customer acquisition through digital ads alone has become almost impossible to rely on for scaling?

If you want to level up your game before BFCM, you want to join this class with our talented friends from Evocative Media https://lnkd.in/gzu7vXsS

The cost-of-living crisis is not dampening Australians’ enthusiasm for retail therapy, with new data from Australia Post revealing online spending grew by 2% in the last year. More than 5.7 million Australian households bought something online each month in the last quarter, which recorded a 4.4% jump in online purchases compared to the same period last year, reports SmartCompany. The most popular items were fashion, apparel, health, beauty and recreational goods, with end-of-financial year sales spurring spending. But the number of items in online baskets has dipped by 2.6% year on year. This indicates shoppers are buying more frequently, but purchasing cheaper items, says Australia Post’s post and parcel general manager Gary Starr. “We know shoppers are taking advantage of sales, managing the size of their baskets and using online shopping to help compare costs,” he said. Professionals are discussing the data on LinkedIn, with Profit Peak founder Carla Penn-Kahn arguing the trend means Australians are holding out for sales events to shop. "The result is retail trade is becoming even more seasonal with not only weather patterns and gifting events driving shopping behaviours but now discounting windows," she writes. Economic conditions have also not dampened Aussie appetite for streaming services, with a study by consultancy firm Simon-Kucher showing the number of subscriptions per person grew from 2.5 to 3.1. What retail spending trends are you seeing? What’s your prediction for the coming months amid rising inflation and potentially higher interest rates? Share in the comments below. By Cathy Anderson Photo: Getty Images Source: SmartCompany: https://lnkd.in/dchX8zXz Mumbrella: https://lnkd.in/g4ZZxW83 Carla Penn-Kahn: https://lnkd.in/dpfeqpCD

What it's like to be a Female founder, the ups and downs that come with it and tips that helps one succeed. Our co-founder Carla Penn-Kahn met with The Trailblazers Experience Podcast to share her story. A must listen! https://lnkd.in/g8P62hAx

Our founders talk all things profitability for e-commerce, the story of what lead them to create Profit Peak and what the future holds

Expanding your customer database is a challenge we all face. Not only do you need to employ strategies to retain your customers, you need to be constantly growing your brand awareness at the top of funnel as well. It doesn't stop there, you need to keep your warm middle of funnel engaged and don't forget to quickly convert those bottom of funnel customers too. Exhausted yet...? And that is before we have even talked about how to do that profitably! Marketing budgets in 2024 are spread thinner than ever, so it will be incredibly insightful to hear from Nathan Linforth, Gabi Saper and Graham Bell on how Budgy Smuggler, CMY Cubes and Dotdigital are balancing it all. Join this panel I am hosting at Retail Fest next Wednesday at 3:30pm on the sunny Gold Coast. If anyone would like to connect and trade eCommerce war stories over a coffee or wine please reach out.

"A must listen if you want your eCommerce store to be profitable" Check out Profit Peak's Co-Founder Carla Penn-Kahn talking profitability for e-commerce businesses on the eCommerce Australia Podcast

Venture capital firm Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) this week launched the third edition of its fellowship program Spark with a cohort of 16 women founders of 14 startups. raptorX.ai FOBOH Traverse Meritic Wordsworth AI BabyMD Soulside Evenly Profit Peak Fix My Curls #Melvvi #Chosen #ASourced Mentors of the current cohort include Mamaearth’s Ghazal Alagh and Varun Alagh CleverTap’s Anand Jain, Wakefit’s Chaitanya Ramalingegowda, SquareX’s Vivek Ramachandran, Mosaic Wellness’ Revant Bhate; Minimalist’s Mohit Yadav and Rahul Yadav; NatHabit’s Swagatika Das; AppsForBharat’s Prashant Sachan; Insider.’s Merve Nazlioglu; Kutumb’s Abhishek Kejriwal and Cloudnine’s Raviganesh V, the company said. https://lnkd.in/g49eVtyN